Higher sales boost Qassim Cement 1H12 net profit, Saudi Arabia
Saudi cement producer Qassim Cement Co (QCC) posted a 5.3 per cent rise in net profit to SAR307.4m (US$82m) for the first half of 2012, up from SAR291.8m a year ago, which the c...
Consumption
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Inchini Cement seeks export permit, Ethiopia
Ethiopia-based producer Inchini Bedrock Cement factory is seeking approval to export cement volumes to neighbouring countries as domestic demand has declined, forcing the factor...
Spain: eight month consumption down 34.3% YoY
Spanish cement consumption for the first eight months of 2012 has declined by 34.3 per cent YoY to 9.56Mt, according to the latest data from Spanish cement association Oficemen.
Vietnam production declines 2% YoY
Vietnam produced 31.59Mt of cement in the first eight months of this year, down two per cent from a year earlier, the Vietnam National Cement Association (VNCA) said. In August,...
Peru dispatches rise 16.8%
Shipments of cement in the Peruvian market totaled 6,098,738t from January to August 2012, 16.84 per cent more than the same period of 2011 (5,219,828t), the Association of Ceme...
Global market outlook
Analysts at Jefferies International have recently provided an update on their expectations for global cement markets. While prospects for the US are improving, emerging markets ...
Siam Cement sees 10% rise in domestic demand, Thailand
Siam Cement Group (SCG) expects domestic cement consumption to be double than its earlier forecasts for 2012 as demand is on the path of recovery.
Brazilian monthly sales up 7.3 per cent YoY
Cement consumption in the Brazilian market totaled 6.3Mt in August, representing a rise of 7.3 per cent YoY, data from Sindicato Nacional da Indústria de Cimento (SNIC) shows. A...
Argentina sees August declines
In August 2012, Argentina cement producers shipped 860,601t, including exports, a decrease of 5.6 per cent from July and down 16.5 per cent on August 2011. The latest data from ...
Steppe Cement posts first half loss, Kazakhstan
Kazakhstan-based cement producer Steppe Cement Ltd posted a consolidated loss after tax of US$0.1m for the six months ended 30 June 2012. Revenue six months ended June 30 were U...